Rushmore Investment Advisors Inc (Plano)


Rushmore Investment Advisors Inc is a large advisory firm based in Plano. It manages $873 million of regulatory assets for 1,034 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Louisiana, and 5 other states.

Rushmore Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rushmore Investment Advisors: assets under management

The assets under management (AUM) of Rushmore Investment Advisors Inc is $873 million. The firm's AUM has grown by 71% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $635 million in discretionary accounts and $238 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $629.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $9.15 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rushmore Investment Advisors Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Vann Family Partners Stockholders 1 Mar 1998 75% - 100% 75-2710627
John Allen Vann Stockholder, ceo 1 Aug 2001 75% - 100% 453172

Based in Plano

The principal office where Rushmore Investment Advisors Inc performs its advisory services is located at 4965 Preston Park Blvd, Plano, TX 75093, which is also the mailing address of the firm. An additional office of the firm is in Fort Lauderdale, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 972-599-9550 or by fax 972-964-1928. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.riainv.com.